Moving from Minneapolis to Phoenix will save you approximately $33,611 on median home prices (8.1% less). Monthly rent is $140 cheaper in Phoenix. Note that median income is 24.3% lower in Phoenix.
Understanding how rental prices have changed over time helps predict future affordability and make informed decisions about your move.
A comprehensive breakdown of annual living expenses helps you budget effectively for your new life in Phoenix.
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Phoenix is 8.1% cheaper for housing than Minneapolis. The median home price in Phoenix is $382,216 compared to $415,827 in Minneapolis, a savings of $33,611.
Monthly rent in Phoenix averages $1,593, while Minneapolis averages $1,733. That's a savings of $140 per month, or $1,681 annually.
The median household income in Phoenix is $59,662, which is 24.3% lower than Minneapolis's median of $78,768.
Minneapolis has a violent crime rate of 309 per 100k residents, while Phoenix has 426 per 100k. Minneapolis is statistically safer.
Estates is a comprehensive cost of living comparison platform covering over 3,900 US cities. We help you compare housing prices, rent, income levels, crime rates, demographics, and climate data to make informed relocation decisions. Our data comes from trusted sources including Zillow, the U.S. Census Bureau, FBI, and NOAA.
